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As of 2024, the legal protection of foreign direct investment under public international law is guaranteed by a network of more than 2,750 bilateral investment treaties (BITs), multilateral investment treaties, such as the Energy Charter Treaty, and free trade agreements, such as the North American Free Trade Agreement (NAFTA). Most of these ...
Nowadays many countries have adopted arbitration laws based on the UNCITRAL Model Law on International Commercial Arbitration. This works with the New York Convention so that the provisions on making an enforceable award, or asking a court to set it aside or not enforce it, are the same under the Model Law and the New York Convention.
The treaty was adopted on 10 December 2014 by United Nations General Assembly resolution 69/116 during the sixty-ninth session of the General Assembly. It has been signed by 22 states. It entered into force on 18 October 2017 after it had been ratified by its third state.
The Conferences of American States, commonly referred to as the Pan-American Conferences, were meetings of the Pan-American Union, an international organization for cooperation on trade. James G. Blaine , a United States politician, Secretary of State and presidential contender, first proposed establishment of closer ties between the United ...
The New York Convention, more formally known as the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, provides for court recognition and enforcement of foreign arbitration decisions, allowing arbitration proceedings to piggyback on the authority of domestic jurisdictions across the world.
Working Group III: Reform of investor-state dispute settlement (ISDS) was constituted in 2017 and has been meeting since then twice or three times a year in Vienna and New York. [5] The working group is of particular significance to states with international investment agreements and its work consists in helping states negotiate the reform of ISDS.
As of 27 July 2012, 246 of 390 registered arbitration cases were concluded, as of 30 June 2012, ICSID tribunals had resolved nearly two thirds (62%) of disputes while the remainder (38%) were settled or discontinued. [14]: 13 As of 14 May 2016, 362 of 574 (62%) registered arbitration cases were concluded. [15]
His work experience contributes to elaborate legal theory and research on international arbitration law, especially on the subjects related to Investment Law and Arbitration , Energy Charter Treaty (ECT) and Anti-Suits Injunctions. Many of his books and articles are cited as references on these topics (listed below).